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    1870 Vassar St Unit, Unit 4 Reno, NV 89510

    For Sale
    $2,200,000

    SINGLE_FAMILY - Reno, NV

    Type:Retail
    Property size:
    5,672 SF
    Lot size:
    0.45 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1870 Vassar St Unit

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Window features
    Display Window(s)
    Zoning
    GC
    APN
    013-333-01
    Parking features
    Parking Lot
    Size
    5,672 SF
    Lot size
    0.45 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1991
    Floors in Building
    1
    Number of units
    5
    Building materials
    Frame
    Roof type
    Flat

    Keller Williams Realty Sparks (775) 336-3800 [email protected]

    Listing agent Ricci Rodriguez-Elkins (775) 240-5143 License #BS.146909

    Listing date Nov 13, 2025

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Reno Strip Center with Market

    This established and well-maintained neighborhood strip center includes Vassar Market, offering an excellent owner/user opportunity. In addition to Vassar Market, the property features four other long-term tenants, generating a steady income stream from retail, professional services, and personal service providers. Located in central Reno with convenient access to I-580, the property offers a prime location with high visibility. The property includes 5,672 square feet of retail space on a 0.45-acre lot. There are 22 parking spaces with easy access onto Vassar Street, making it highly accessible for customers. The zoning is GC. The rental income can be further increased as lease terms expire, potentially enhancing the property's cap rate. This is a remarkable investment opportunity for both owner-operators and investors.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.785127
    Latitude
    39.5127

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    FAQs

    What type of property is this?
    Strip mall - Well-maintained Reno strip center with long-term tenants and market.
    Where is this strip mall located?
    The property is located at 1870 Vassar St Unit, Unit 4 Reno, NV.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Vassar Market included in the sale - an excellent owner/user opportunity.; - Steady income stream from four long-term tenants.; - Prime central Reno location with convenient access to I-580 and high visibility.
    (775) 240-5143
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1870 Vassar St Unit, Unit 4 Reno, NV 89510
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